I've owned it from $0.50, before it was really clear that it could sustain profitability. Now it seams to be under accumulation, but I'm not much of a TA trader.
I just follow the picks from The Microcap Kitchen, are you guys familiar with that board? They find some good microcap stocks early.
I think my BIPH will Boosh again some day before the year is over, but that stock would probably bore the average trader. They have filed to change 15M shares to preffered shares for a strategic partner to make an equity investment. I think they might be developing into a simular business to ANPI, the company that licenses the coatings for Boston Scientific's stents. BIPH has been doing R&D with BSX for the past year.....no details are known yet...but I think it could be very good for BIPH....which is why it sustains a pretty high market cap for a company with 0 revenue.
"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854